This chapter explores Peloton's recent financial challenges and strategic pivot from hardware to a subscription-based model. It examines management shifts, job cuts, and skepticism about the sustainability of its current strategy, suggesting potential acquisition by larger companies. The discussion highlights key missteps during the pandemic and how post-pandemic changes in consumer habits have impacted Peloton's operations and future direction.
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Bloomberg News Chief Technology Correspondent Mark Gurman on Peloton Earnings. Katie Thomas, Lead at the Kearney Consumer Institute, on Stayin’ Alive: The blur of health and wellness. Bloomberg Businessweek Columnist Max Chafkin on Musk’s X Drawing Capital from Silicon Valley Elites and Nueralink Saying Its Second Brain Device Implant Went Well. And we Drive to the Close with Erik Hirsch, Co-Chief Executive Officer at Hamilton Lane
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